The Europay, MasterCard, Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa.
U.S. and European institutions can learn from DBS Bank's example. In response to a rash of fraudulent withdrawals that cost accountholders $1 million, the bank is launching a new SMS/text alert service for ATM transactions.
Steven VanRoekel says the mobile revolution will fundamentally change the way the federal government serves the public and its employees. But in outlining the Federal Mobile Strategy, the federal CIO hardly mentions security and privacy.
Chief Information Officer Chad Eckes is overseeing the slow phase in of iPads and iPhones at the Cancer Treatment Centers of America, which has relied heavily on laptop computers, in an effort to mitigate security risks.
Complexity is among the most significant information risk challenges IT security practitioners face. Mobile and cloud computing, new technologies, outsourcing and growing threats from malware and people make managing risk more complex.
Malcolm Harkins, CISO of Intel was quick to embrace BYOD as a means to cut costs and improve employee productivity. His advice to leaders struggling with the trend: "Don't shy away from the risk issues."